The Trump administration is taking the first step toward putting its own stamp on income-driven repayment, a suite of affordable repayment plans for student-loan borrowers.  Officials announced Thursday that they would begin the regulatory process to make changes to certain rules under the Department of Education’s purview.

Student loan borrowers are bracing for potential shifts in repayment plans, forgiveness programs and interest rates during President Donald Trump's second term. According to a recent Debt.com